"While sharp depreciation is unlikely, short-term pressures on the yuan will remain as China’s economy tries to rebound from pandemic. Market watchers should keep an eye on China’s central bank and see how it tries to maintain support while _...Read More_

[https://m.economictimes.com/news/international/business/chinas-central-bank-get-tested-over-economic-slowdown/articleshow/88424030.cms](https://m.economictimes.com/news/international/business/chinas-central-bank-get-tested-over-economic-slowdown/articleshow/88424030.cms)

"Consumption outlook in the year’s second half ‘remains pessimistic’ for China, and capital outflow could have an impact on the yuan’s exchange rate."

The worst affected economy